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Germany Refuses 5 billion Dollar Chip Deal with Taiwanese Firm

Published On 02 Feb 2022 12:02 PM


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A Taiwanese firm, Global Wafers, that manufactures silicon wafers for computer chips shall no longer go ahead with its plans of purchasing the rivaling Siltronic, a Munich-headquartered firm, as German policymakers refuse to approve the deal in time.

The deal collapsed on Monday as the nations were looking to bolster their tech independence so they don’t have to be reliant on others for critical technologies such as semiconduct....


Tags : Germany, Taiwanese Firm, 5 billion Dollar Chip ,
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